NetApp Inc

NASDAQ NTAP

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NetApp Inc Net Income Before Taxes 2 year CAGR for the quarter ending April 30, 2024: 18.20%

NetApp Inc Net Income Before Taxes 2 year CAGR is 18.20% for the quarter ending April 30, 2024, a 220.22% change year over year. Net income before taxes represents a company's profit after all operating expenses and interest expenses have been deducted but before taxes have been accounted for. It is calculated by dividing the net income by (1 - tax rate). This metric helps evaluate the company's profitability and assess its earnings before the impact of tax obligations. It provides insights into the company's pre-tax financial performance and is often used for comparing companies in different tax jurisdictions. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

NetApp Inc Net Income Before Taxes for the quarter ending April 30, 2023 was 314,000,000.00, a 15.44% change year over year.
NetApp Inc Net Income Before Taxes for the quarter ending April 30, 2022 was 272,000,000.00, a -37.61% change year over year.
NetApp Inc Net Income Before Taxes for the quarter ending April 30, 2021 was 436,000,000.00, a 74.40% change year over year.
NetApp Inc Net Income Before Taxes for the quarter ending April 30, 2020 was 250,000,000.00, a -34.90% change year over year.

NASDAQ: NTAP

NetApp Inc

CEO	Mr. George Kurian
IPO Date	Nov. 21, 1995
Location	United States
Headquarters	3060 Olsen Drive, San Jose, CA, United States, 95128
Employees	12,000
Sector	Technology
Industry	Computer hardware

Description

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Additionally, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

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